2023 Office Space Rent & Sales
- $18.30 2023 Avg. Asking Rent
- 2.60% Y-o-Y Avg. Asking Rent Change
- 19.30% 2023 Office Vacancy Rate
West Allis office price per square foot in 2023 was $18.30 on average. This marked a +2.60% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.30% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Wisconsin Class A & A+ Office Space$26.13
- Wisconsin Class B Office Space$20.38
- Wisconsin Class C Office Space$22.14
West Allis, WI Office Asking Rents by Class
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2023 Office Construction in West Allis, WI
Office building | Address | SF | Completed |
---|---|---|---|
Renaissance Center II | 801 South 60th Street, 53214 | 237,608 | 2010 |
Six Points East Condominium | 6330 West Greenfield Avenue #101, 53214 | 80,016 | 2008 |
Six Points East Condominium | 6330 West Greenfield Avenue #101, 53214 | 80,016 | 2008 |
Summit Place | 6737 West Washington Street, 53214 | 650,000 | 2006 |
Liberty Point - 11300-11390 West Theodore Trecker Way | 11300 West Theodore Trecker Way, 53214 | 39,927 | 1986 |
Renaissance Center I | 809 South 60th Street, 53214 | 240,334 | 1985 |
Lincoln Center III | 10150 West National Avenue, 53227 | 60,567 | 1985 |
11038 West National Avenue | 11038 West National Avenue, 53227 | 5,132 | 1984 |
Lincoln Center II | 2514 South 102nd Street, 53227 | 60,681 | 1983 |
Lincoln Center I | 2448 South 102nd Street, 53227 | 62,700 | 1981 |
Worth noting among recent office completions on the West Allis market is Renaissance Center II, which is currently the largest new office development in the city, at 237,608 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Allis commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.